The University of Texas at Austin
McCombs Monthly—MBA Edition Vol. 2, No. 2   April 2004  
 
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  Upcoming Speakers & Events
  Ron Alsup Ron Alsup, Executive Editor, Wall Street Journal, 4/29.
More info
  Herb Kelleher Herb Kelleher, Founder and Executive Chairman, Southwest Airlines, Graduation Keynote, May 21, 12:00 p.m.
More info

In This Newsletter


Alumni News

Extra! Extra! Read All About It: McCombs Exchange
We hope that, by now, you have perused your copy of the inaugural edition of McCombs Exchange. This new, annual MBA alumni magazine replaces business@texas and aims to serve as a career resource and a connection to the McCombs Community: including students, faculty, staff, corporate partners, and fellow alumni. We welcome your feedback and would love to hear your suggestions and recommendations for future topics. So, send us an email to and let us know what you think!

Update: Reunion 2004
Classes of 1994 and 1999 returned to Austin from April 2 – 4 for their five and ten-year reunions. We kicked off the weekend with the McCombs Community BBQ on Friday night where the alumni caught up with each other and mingled with current and prospective students, faculty, and staff. On Saturday, they toured the b-school, heard from students who traveled on Plus Global tours, and spoke with Dean Gau about the state of the school. Saturday night, the Class of ’94 took a boat cruise, and the ’99s hung out at their old haunt: the Cedar Door. Thanks to all who contributed and attended.
Get more information about the reunion.

Preview Weekend—A Sneak Peak into the Class of 2006
Preview Weekend 2004 was a great success! 165 prospective students came to McCombs for Preview Weekend—an increase in numbers from last year. Many of them expressed their intent to enroll. (Historically, our yield from Preview is around 75 percent.) Almost everyone who attended had participated in admissions interviews, and close to 60 percent were with alumni. The weekend’s events included the McCombs Community BBQ, panels on student life, classes, tours, and a student organization fair. On Saturday, four alumni participated in the first-ever Preview Alumni Panel. Many thanks to Ludy Cuello, MBA '03, Andy Land, MBA '98, Amy McMichael, MBA '01, and Ben Opps, MBA '03 for their insight.
Learn more about Preview Weekend.

Second Annual MBA Hedge Fund Symposium
The Texas MBA Hedge Fund Organization is proud to host the second annual MBA Hedge Fund Symposium on April 15, 2004. The event has an impressive list of hedge fund managers and industry professionals addressing the latest industry trends and alternative investment strategies. The primary goal of the symposium is to educate MBA students on the advanced portfolio management techniques used by leading hedge fund managers.
Get all of the details on the Hedge Fund Symposium.

Plus Participants Engage Via Projects, Workshops
By Erica Grieder

Consulting projects from Austin to Bahrain, coaching sessions on careers, networking and the simple life, student-initiated academies covering everything from hedge funds to entertainment management—out of the myriad of activities that marked the Spring 2004 session of Plus, a common theme emerged: engagement.
Get the full story.

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In the News

New York Times Op-Ed: Sitting Out the Scandals
By Michael Granof

In Monday's New York Times, McCombs professor of accounting Michael Granof proposes an aid for "the tarnished reputation of college sports ... [A]pply the lessons of Enron and Arthur Andersen to collegiate athletics." Granof suggests that university presidents be held accountable for athletics programs just as Sarbanes-Oxley puts CEO's on the hook for accounting standards.
Read complete op-ed at NYTimes.com (requires free registration)

McCombs MBA Drops, Exec MBA Rises in U.S. News Rankings
U.S. News & World Report released its latest MBA rankings on Friday, April 2. McCombs dropped from #17 to #23 due to last year’s placement numbers. As in recent years, the school performed well in other areas of the survey. The Executive MBA rose from #14 to #13. The Texas Evening MBA made its first appearance, also at #13, in the new part-time MBA ranking. And McCombs received top 20 rankings in nine of the ten business specialties: accounting (2), information systems (3), entrepreneurship (8), marketing (12), productions/operations (13), finance (16), supply chain/logistics (16), international (17), and management (18). Only nine schools in the country rank in this many categories.
See complete U.S. News rankings. (full access requires subscription)

Want to Increase Your Performance? Forget Yourself
Q&A with Gurcharan Das, author of India Unbound

By Jayant Vohra

On March 8, Gurcharan Das, former CEO of Proctor & Gamble India and author of the best-selling book India Unbound (which the BBC has just made into a documentary), spoke to the UT Austin community. A few days later McCombs MBA ’04, Jayant Vohra, former president of the Indian Graduate Business Association, had a chance to interview the famous executive turned consultant, novelist and playwright.
Get the full story.

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Beyond McCombs

MBA Programs at Harvard, Wharton to Curb Participation in Influential Surveys
In Wednesdays Wall Street Journal, Harvard and Wharton announced that they will no longer be providing their student and alumni contact information to the media—including the major rankings and survey publishers. Citing privacy and cost concerns, the schools also expressed their concern about the validity of the data collected and the rankings themselves. Despite the fact that they will still provide basic, public information and statistics, this move will increase the difficulty in compiling the data and will likely affect the reliability and impact of these surveys. Many other top business schools are expected to follow suit.
Get the full story. (access requires subscription)

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Send comments to mbaalumni@mccombs.utexas.edu. McCombs Monthly—MBA Edition is a product of the McCombs MBA Alumni Network for all MBA Alumni from the McCombs School of Business at The University of Texas at Austin. We respect your privacy and will not share email addresses with outside parties.

McCombs Monthly—MBA Edition is a product of the McCombs School of Business at The University of Texas at Austin, Copyright © 2003. All rights reserved. We respect your privacy and will not share email addresses with outside parties.